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Tempus AI (NASDAQ:TEM) saw its stock decline by 4% after short-selling firm Spruce Point Capital released a scathing report questioning the company’s operations, leadership, and financial disclosures. The report, based on a forensic investigation, alleged that Tempus AI’s AI-driven products generate only a small fraction of its revenue. In 2024, the company brought in just…

GameStop Corp. (NYSE:GME) shares rose more than 2% in early premarket activity on Wednesday, though gains later tapered, following news that the company has made a major investment in bitcoin. The video game retailer disclosed in a regulatory filing that it had acquired approximately 4,710 bitcoins, valued at around $513 million. This marks GameStop’s first…

Cleveland-Cliffs (NYSE:CLF) saw its stock drop about 1.5% in premarket trading Wednesday after GLJ Research sharply lowered its rating on the company from “Buy” to “Sell,” slashing its price target to $3.91. The shift represents a dramatic turnaround by analyst Gordon Johnson, who openly acknowledged his January recommendation to buy the stock at $9.90 as…

Hyperfine, Inc. (NASDAQ: HYPR), the company behind the world’s first FDA-cleared portable MRI system powered by artificial intelligence – the Swoop® system – has received FDA approval for its latest software innovation, Optive AI™. This marks the tenth major software update for the Swoop® system and represents a significant advancement in image quality for ultra-low-field…

The major U.S. index futures on the Dow Jones, S&P and Nasdaq are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction following the rally seen in the previous session. Traders may be reluctant to make significant moves ahead of the release of earnings news from…

Columbus McKinnon Corporation (NASDAQ:CMCO) released its fiscal fourth-quarter results for 2025 on Wednesday, with revenue coming in below analyst expectations. Following the announcement, the company’s shares dropped 1.29% in pre-market trading. The manufacturer of material handling equipment reported adjusted earnings per share of $0.60, slightly above the $0.58 consensus. However, revenue totaled $246.9 million, missing…

Macy’s Inc (NYSE:M) has revised downward its full-year 2025 earnings and adjusted EBITDA margin guidance, citing the effects of tariffs, softer consumer discretionary spending, and intensified promotional competition. Nevertheless, the company’s first-quarter results surpassed analyst expectations. Following the report, Macy’s shares rose over 1% in premarket trading as of 11:07 GMT. The department store now…

Dick’s Sporting Goods (NYSE:DKS) delivered first-quarter results that exceeded expectations, driven by record sales and continued momentum in comparable store performance. Despite the strong report, shares dipped 0.6% following the announcement. For the quarter ending May 3, 2025, the retailer reported adjusted earnings per share of $3.37, surpassing analysts’ projections of $3.20. Revenue reached $3.17…

Brooge Energy Limited (NASDAQ:BROG) saw its stock soar by 70% after announcing a conditional agreement to sell its subsidiaries, BPGIC FZE and BPGIC Phase III FZE, to Gulf Navigation Holding PJSC (GulfNav). This strategic move is expected to significantly reshape Brooge’s business trajectory. Valued at roughly $884 million, the transaction includes around $125.3 million in…